Who is the meeting chair for the GST Council (Goods and Services Tax) ?

Correct option is D

The Union Finance Minister is the Chairperson of the GST Council.

Information Booster:

1. The GST Council is a constitutional body established under Article 279A of the Indian Constitution.
2. It consists of the Union Finance Minister (Chairperson), the Union Minister of State for Finance, and representatives from all states and UTs.
3. The GST Council makes recommendations on tax rates, exemptions, and other matters related to the Goods and Services Tax.
4. Decisions in the GST Council are made by three-fourths majority, with the central government holding a one-third weightage and state governments holding two-thirds.

Additional Knowledge:

• The President of India: Appoints the GST Council but does not chair it.
• The Prime Minister of India: Heads the NITI Aayog but not the GST Council.
• The Governor of the RBI: Responsible for monetary policy, not taxation.

Key Points to Remember:

• The GST Council was formed in 2017 to implement the GST.
• It ensures cooperative federalism by involving both the center and states.